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Sunčani Hvar sold to one of the wealthiest Arabs


Nov 20, 2023

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Sunčani Hvar was allegedly sold to the Eagle Hills company from the United Arab Emirates, which is behind Muhamed Alabar, writes Jutarnji list. Radovan Vitek, the owner of CPI Property Grouposim, chose Alabar, and the powerful American fund Blackstone has reportedly shown interest in the takeover. The price is still not is known, and the announcement is awaited on the Frankfurt Stock Exchange, where CPI Property Group, the owner of Sunčani Hvar, is listed. If everything goes according to plan, a very serious and powerful tourism company will be created in Central Dalmatia, writes Jutarnji. Muhamed Alabar is also known as an investor in Belgrade on the water, and in Zagreb he expressed interest in the development of the Zagreb Manhattan project. Among the buildings he built is the famous Burj Khalifa tower in Dubai.

By Editor

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